ETH Lurking Peril on the 4-Hour Chart—Bearish Signals Have Surfaced



$ETH /USDT - SHORT sell

Trading plan:
Entry: 1867.69 – 1872.65
SL: 1893.95
TP1: 1852.34
TP2: 1840.45
TP3: 1822.61

Why focus on this structure?
- Current ETH price is 1870. The 1-day trend is ranging, but on the 4-hour chart a SHORT signal has appeared, with confidence at 55.
- The 15-minute RSI is only 54.97, not oversold; the bears still have room to push lower.
- Targets: TP1=1852, TP2=1840, stop loss 1893; if it breaks below the 1850 support, the short accelerates.
- Why now? After consolidation from the range, the EMA and RSI are aligning in a downside break—waiting for entry confirmation.

Discussion:
Will this leg of the bears reach TP2 first, or will it be a stop-hunt followed by a rebound? Where are you placing your stop loss?
ETH0.35%
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